Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) Short Interest Down 99.0% in March

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 137,000 shares, a decline of 99.0% from the February 28th total of 14,290,000 shares. Based on an average daily trading volume, of 1,170,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 2.9% of the company’s shares are short sold.

Fujian Blue Hat Interactive Entertainment Technology Price Performance

BHAT stock opened at $1.87 on Friday. The firm has a 50-day moving average of $4.64 and a 200 day moving average of $16.08. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.88 and a quick ratio of 5.06. Fujian Blue Hat Interactive Entertainment Technology has a 1 year low of $1.69 and a 1 year high of $145.00.

Fujian Blue Hat Interactive Entertainment Technology Company Profile

Fujian Blue Hat Interactive Entertainment Technology Ltd. designs, produces, promotes, and sells animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction, as well as Talking Tom and Friends' Bouncing Bubble.